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Intel to exit smartphone modem business
2019-04-17 08:54:00| Telecompaper Headlines
(Telecompaper) Intel announced plans to exit the smartphone modem business as it has been unable to turn a profit. The company said it will complete orders for its existing 4G products but will not release a 5G modem as earlier intended. The chipmaker is reviewing its business for modems in PCs and IoT devices and said it will continue to support the mobile network infrastructure business.
Tags: business
intel
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Category:Telecommunications